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cliff deal paid for take a guess do not google it will tell you after the break and put the fiscal cliff deal in context plus more with our guests calling for a chill first or closing market numbers. you know how sometimes you see a story and it seems so for langley is think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything is ok you don't know i'm tom hartman welcome to the big picture. the worst journalist a. white house chief of a day and a radio guy and a lot of minestrone cricket because they all want to watch quite a good job because you've never seen anything like this on cold. welcome back so we're talking about monetary mechanics and this issue of monetary mechanics brings me to economic predictions that never came to be with the fed's unprecedented actions starting back in two thousand and eight and since we've had many a prediction for massive inflation one that our guest was writing about was a gentleman named robert murphy who made a bet in two thousand and nine as the story goes that headline inflatio
cliff deal paid for take a guess do not google it will tell you after the break and put the fiscal cliff deal in context plus more with our guests calling for a chill first or closing market numbers. you know how sometimes you see a story and it seems so for langley is think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything is ok you don't know i'm tom hartman welcome to the big picture. the worst journalist a. white...
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cliff deal pay for take a guess do not google it will tell you after the break and put the fiscal cliff deal in context plus more with our gas call and growth first or closing market numbers. thank. you. the worst you're going to face. the white house of the day a radio guy and a lot of male minestrone they all want to watch what we're about to go get you never seen anything like that i'm telling. welcome back so we're talking about monetary mechanics and this issue of monetary mechanics brings me to economic predictions that never came to be with the fed's unprecedented actions starting back in two thousand and eight and since we've had many a prediction for massive inflation one that our guest was writing about was a gentleman named robert murphy who made a bet in two thousand and nine as the story goes that headline inflation will hit ten percent by january of two thousand and thirteen that is now it hasn't done so here's just a look at the consumer price index for all urban consumers just for a little context so you can see that it's not anywhere near that mark and we don't need to
cliff deal pay for take a guess do not google it will tell you after the break and put the fiscal cliff deal in context plus more with our gas call and growth first or closing market numbers. thank. you. the worst you're going to face. the white house of the day a radio guy and a lot of male minestrone they all want to watch what we're about to go get you never seen anything like that i'm telling. welcome back so we're talking about monetary mechanics and this issue of monetary mechanics brings...
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so the fiscal cliff has been averted kind of by a deal that pushes more wrangling into the future by a few months so i'll say the play by play of the twenty four hour cable network news that we are hearing and will continue to hear for at least. so let's just a little bit touch on the fiscal cliff and then we will move right past it we didn't go off it exactly still more dealmaking to come in in a few months on the debt ceiling and on those spending cuts that they pushed off in terms of the sequester ration that was supposed to go through we do have some tax hikes we do have some permanent bush tax cuts i don't know what's your take away on this deal. or. you. know. we're going to get. maybe a little more. low if it's a. problem in. your lunch hour. all. right. a lot of. what the lawmakers what the deal did manage to do is help lawmakers avert headlines today of markets plunge under the points on lack of fiscal cliff deal but as you said the actual meeting is really nothing to write home about so let's talk about something more interesting any time these kind of discussions come abou
so the fiscal cliff has been averted kind of by a deal that pushes more wrangling into the future by a few months so i'll say the play by play of the twenty four hour cable network news that we are hearing and will continue to hear for at least. so let's just a little bit touch on the fiscal cliff and then we will move right past it we didn't go off it exactly still more dealmaking to come in in a few months on the debt ceiling and on those spending cuts that they pushed off in terms of the...
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cliff deal paid for take a guess do not google it will tell you after the break and put the fiscal cliff deal in context plus more with our gas calling chill first or closing market numbers. free studio time free. download free broadcast quality video for your media projects free media oh god r t v dot com you . look. divine power in action activate this chakra it's. i am just so me it is we are under the control of those governing us if i were at the service of a space mafia i found on that date the magnetic fields of the sun will be folks tend to create the support that the stuff. after the second coming it will be a futile place it will receive its glory it will be a renewed world and it will be a beautiful place. full of the best. little stuff the ammunition. it's good business for us it's kind of like being a doctor you know there's a disaster business is. better unfortunately. welcome back so we're talking about monetary mechanics and this issue of monetary mechanics brings me to economic predictions that never came to be with the fed's unprecedented actions starting back in two th
cliff deal paid for take a guess do not google it will tell you after the break and put the fiscal cliff deal in context plus more with our gas calling chill first or closing market numbers. free studio time free. download free broadcast quality video for your media projects free media oh god r t v dot com you . look. divine power in action activate this chakra it's. i am just so me it is we are under the control of those governing us if i were at the service of a space mafia i found on that...
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the senate strikes a deal on the fiscal cliff but not before we the fish we fall off the cliff just two hundred so just. remain and it is now the house where. you are dear smart viewers i'm sure already know about the deal congress reached then that leaves lawmakers wrangling again in a couple months over the debt ceiling into spending cuts that they delayed but when it comes to the reported six hundred billion dollars over ten years in new revenue this deal is said to raise never mind the new deficit that creates what does that kind of money by any way we have a reality check plus why is the government involved in keeping the price of milk was no part of the fiscal cliff deal involved of burning what some have dubbed a dairy cliff we'll discuss and wall wrong cliffs we have five phrases we'd like to retire this year that's in loose change let's get to today's capital account. so the fiscal cliff has been averted kind of by a deal that pushes more wrangling into the future by a few months so all say the play by play of the twenty four hour cable network news that we are hearing and will
the senate strikes a deal on the fiscal cliff but not before we the fish we fall off the cliff just two hundred so just. remain and it is now the house where. you are dear smart viewers i'm sure already know about the deal congress reached then that leaves lawmakers wrangling again in a couple months over the debt ceiling into spending cuts that they delayed but when it comes to the reported six hundred billion dollars over ten years in new revenue this deal is said to raise never mind the new...
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cliff deal paid for taken gas do not google it will tell you after the break and put the fiscal cliff deal in context plus more with our gas call and growth first or closing market numbers. wealthy british style. that's not on the time. markets why not come to. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune in to kaiser report on. the russia would be soon which brightened if you knew more about someone from fast impressions. his friends start totty dot com. and. you. just. should. soon look cool. welcome back so we're talking about monetary mechanics and this issue of monetary mechanics brings me to economic predictions that never came to be with the fed's unprecedented actions starting back in two thousand and eight and since we've had many a prediction for massive inflation one that our guest was writing about was a gentleman named robert murphy who made a bet in two thousand and nine is the story goes that headline inflation will hit time percent by january of two thousand and thirteen that
cliff deal paid for taken gas do not google it will tell you after the break and put the fiscal cliff deal in context plus more with our gas call and growth first or closing market numbers. wealthy british style. that's not on the time. markets why not come to. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune in to kaiser report on. the russia would be soon which brightened if you knew more about someone...
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cliff deal paid for take a guess do not google it will tell you after the break and put the fiscal cliff deal in context plus more with our guests calling for a chill first or closing market numbers. i was. was. in the middle of russia's north far away from civilization and history our helicopter treat from the nearest village. these stolen family have been living here for a long time in tents made of reindeer skins. so obviously. lodging runs in a single nail and then it's there also grew up in the but left it at the age of six and never returned they now live in the city in apartment building but still room and their regions was. i planted here is a dancing teacher. i. was. still his dances he tells us stories about his motherland. thanks laws in aruba to now has a one thousand strong reindeer herd when the enemy only saw the light in and mosques around bruges gathered turns and moved to another posture they travel hundreds of kilometers in winter women and children for them. but the two families have less of a chance to come across each other they belong to different worlds even thoug
cliff deal paid for take a guess do not google it will tell you after the break and put the fiscal cliff deal in context plus more with our guests calling for a chill first or closing market numbers. i was. was. in the middle of russia's north far away from civilization and history our helicopter treat from the nearest village. these stolen family have been living here for a long time in tents made of reindeer skins. so obviously. lodging runs in a single nail and then it's there also grew up...
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so the fiscal cliff has been averted kind of by a deal that pushes more wrangling into this future by a few months so i'll save you the play by play of the twenty four hour cable network news that we are hearing and will continue to hear for at least the next few months let's move on to something actually interesting though for the most part it is a new year time to reflect on how we can be better in two thousand and thirteen when it comes to the way we think about the economy money capitalism q we just take an assessment of where we are heading into this new year what we maybe got wrong last year so colin rusch is here to help us with that he's founder of or camp a natural group and author of a blog you may know pragmatic capitalist or capitalism excuse me so first thank you so much for being on the shelf we're happy to have you here. happy new year so let's just a little bit touch on the fiscal cliff and then we will move right past it we didn't go off it exactly still more deal making to come in a few months on the debt ceiling and on those spending cuts that they pushed off in ter
so the fiscal cliff has been averted kind of by a deal that pushes more wrangling into this future by a few months so i'll save you the play by play of the twenty four hour cable network news that we are hearing and will continue to hear for at least the next few months let's move on to something actually interesting though for the most part it is a new year time to reflect on how we can be better in two thousand and thirteen when it comes to the way we think about the economy money capitalism...
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it will tell you after the break and put the fiscal cliff deal in context plus more with our guests calling rose first your closing market numbers . she good leverage or really was need to build a clue most sophisticated which on fortunately doesn't give a darn about anything mission to teach creation and why you should care about humans and. this is why you should care. the. motion would be soon which brightened if you knew more about someone from funniest impressionists. nice clean start on t.v. dot com. election. when it was in the land of. little it elaine. thank. you. welcome back so we're talking about monetary mechanics and this issue of monetary mechanics brings me to economic predictions that never came to be with the fed's unprecedented actions starting back in two thousand and eight and since we've had many a prediction for massive inflation one that our guest was writing about was a gentleman named robert murphy who made a bet in two thousand and nine as the story goes that headline inflation would hit time percent by january of two thousand and thirteen that is now it h
it will tell you after the break and put the fiscal cliff deal in context plus more with our guests calling rose first your closing market numbers . she good leverage or really was need to build a clue most sophisticated which on fortunately doesn't give a darn about anything mission to teach creation and why you should care about humans and. this is why you should care. the. motion would be soon which brightened if you knew more about someone from funniest impressionists. nice clean start on...
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Jan 6, 2013
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you thought this fiscal cliff deal was a bad one. why? >> i think newt just gave the explanation for my no vote. these political showdowns don't work. this is no way to run government. you can't give anyone any kind of certainty where to go, whether it's the markets or the average american family. and we have to get to the point of dealing with these tough decisions with big deals. you can't keep hitting singles or hope to be walked to first base and win the game. you have to go for the big deal. and it's time for us to sit down, lock ourselves all in a room, not just a couple of folks, and come out with a deal. at the end of the day, you end up doing what ultimately happened, which is if you can't agree because you have the extreme sides, then put your best proposal on the table and let the best proposal win. >> e.j., you have a dissenting view. you think that view is too narrow. you think this is a better deal than it's gotten credit for. >> i think i'm the only person here who think it's a better deal than it's gotten credit for. if yo
you thought this fiscal cliff deal was a bad one. why? >> i think newt just gave the explanation for my no vote. these political showdowns don't work. this is no way to run government. you can't give anyone any kind of certainty where to go, whether it's the markets or the average american family. and we have to get to the point of dealing with these tough decisions with big deals. you can't keep hitting singles or hope to be walked to first base and win the game. you have to go for the...
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Jan 5, 2013
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that was the whole theory behind the whole fiscal cliff deal. i disagree. now, i don't think the white house has much credibility when they say they won't negotiate over the debt ceiling. they will, they negotiate over pretty much everything. but i am convinced they won't pay a big ransom. what will the president's initiative be? he laid it out. >> my principle has been, let's do things in a balanced, responsible way. and that means the revenues have to be part of the game, in the automatic spending cuts, as well as spending cuts. now the same is true for any future deficit agreement. if republicans think that i will finish the job of deficit reduction through spending cuts alone, if they think that is going to be the formula for how we solve this thing, then they have another thing coming. >> all right, you catch that. the white house seriously, no kidding around says they will not accept a bargain in which what they got was an increase in the debt limit. so was congress, and what they get is congress simply agreeing to pay its bills. that is not their pay
that was the whole theory behind the whole fiscal cliff deal. i disagree. now, i don't think the white house has much credibility when they say they won't negotiate over the debt ceiling. they will, they negotiate over pretty much everything. but i am convinced they won't pay a big ransom. what will the president's initiative be? he laid it out. >> my principle has been, let's do things in a balanced, responsible way. and that means the revenues have to be part of the game, in the...
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Jan 5, 2013
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that was the whole theory behind the whole fiscal cliff deal. i disagree. now, i don't think the white house has much credibility when they say they won't negotiate over the debt ceiling. they will, they negotiate over pretty much everything. but i am convinced they won't pay a big ransome. what will the president's initiative be? he laid it out. >> my principle has been, let's do things in a balanced, responsible way. and that means the revenues have to be part of the game, in the automatic spending cuts, as well as spending cuts. now the same is true for any future deficit agreement. if republicans think that i will finish the job of deficit reduction through spending cuts alone, if they think that is going to be the formula for how we solve this thing, then they have another thing coming. >> all right, you catch that. the white house seriously, no kidding around says they will not accept a bargain in which what they got was an increase in the debt limit. so was congress, and what they get is congress simply agreeing to pay its bills. that is not their pa
that was the whole theory behind the whole fiscal cliff deal. i disagree. now, i don't think the white house has much credibility when they say they won't negotiate over the debt ceiling. they will, they negotiate over pretty much everything. but i am convinced they won't pay a big ransome. what will the president's initiative be? he laid it out. >> my principle has been, let's do things in a balanced, responsible way. and that means the revenues have to be part of the game, in the...
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Jan 13, 2013
01/13
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you saw progressives a little upset with what came out with the fiscal cliff deal. this is a president very moved by what happened by sandy hook, as was the rest of the nation, so i think it's going to be very prod in terms of looking at mental health, looking at an assault weapons ban and looking at magazine clips and also some of the loopholes as well, so i think this is going to be big. i think, you know, you have to see down the line if the politicians are in place in the house specifically to get any of this stuff done, but i do think there is some consensus amongst some politicians cross party, cross nra, some of the membership there with some of the things that might come out of this commission's report. >> yeah. that if, underline it and capitalize those two letters if they do have the right amount of support for that bill or any recommendation that comes out. ari to you finally then. what's the headline that's going to be in the nation? >> well, would i say the truth is not that exciting. it's a long road ahead on the response to the shootings, and wherever
you saw progressives a little upset with what came out with the fiscal cliff deal. this is a president very moved by what happened by sandy hook, as was the rest of the nation, so i think it's going to be very prod in terms of looking at mental health, looking at an assault weapons ban and looking at magazine clips and also some of the loopholes as well, so i think this is going to be big. i think, you know, you have to see down the line if the politicians are in place in the house specifically...
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the fiscal cliff deal moving the commodity marks as well. let's go a few blocks to the east and go to sharon epperson to the nymex. >> brian, happy new year to you. in oil and metals, we have brent crude prices rallying, pretty much across the board. when you look at the fact that the fiscal cliff deal was averted, and the risk on among the traders, brent crude prices approaching what we may see is a new technical level. above 112 lds a barrel. the next level to watch is $113.25. the 200 moving day moving average for the first time since september, we're looking at a high since september for u.s. oil futures and even gold prices are moving higher here. continuing this when we've seen 12 straight years for positive gains for the gold market. but traders say a key is the close above the 1,682 level. there is a down side to look at, and that is what happened to natural gas prices. natural gas prices hit a high overnight. we've seen heavy volume in a bit of a recovery here in natural gas prices. still, above normal temperatures are forecast for
the fiscal cliff deal moving the commodity marks as well. let's go a few blocks to the east and go to sharon epperson to the nymex. >> brian, happy new year to you. in oil and metals, we have brent crude prices rallying, pretty much across the board. when you look at the fact that the fiscal cliff deal was averted, and the risk on among the traders, brent crude prices approaching what we may see is a new technical level. above 112 lds a barrel. the next level to watch is $113.25. the 200...
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deal on the fiscal cliff. the president said he's not negotiating over it and the new congress began making it very clear that spending cuts will be what they focus on like a laser in the coming months as negotiations continue. mitch mcconnell look at the incoming class of house republicans as well who voted, many of them against the bill on friday that provided $9 billion in flood relief to sandy. they did it because there weren't spending cuts. >> jonathan, how is the fiscal cliff fight, how might that shape the debt ceiling fight for republicans? >> it's everything to them in terms of they feel as it was pointed out before that they didn't get the spending cuts they wanted. they see the debt ceiling coming up in the early couple of months of the year here as an opportunity for leverage to get those spending cuts that they didn't just get. the president of the united states says he's not going to play ball on that. he may unilaterally raise the debt and may lower the debt and there are a few options on the t
deal on the fiscal cliff. the president said he's not negotiating over it and the new congress began making it very clear that spending cuts will be what they focus on like a laser in the coming months as negotiations continue. mitch mcconnell look at the incoming class of house republicans as well who voted, many of them against the bill on friday that provided $9 billion in flood relief to sandy. they did it because there weren't spending cuts. >> jonathan, how is the fiscal cliff...
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here's my quick take on this whole fiscal cliff deal. you know what? i give it only one cheer out of a possible three. that's because congress averted recession by extending and making permanent nearly all the bush tax cuts. clearly this helped create today's huge rally in stocks. okay, that is good, no recession. and the upper end tax hikes probably turned out to be less onerous than investors feared. but it's not great, virtually no spending cuts. in fact, as the prior segment noted, a 41: 1 ratio of tax revenues to spending cuts is just appalling. besides economic growth, washington has to understand spending is the real problem for deficits and debt. and lastly, why is this country taxing the most productive earnings? investors in small business owners. it's just class warfare nonsense. it reduces incentives for the long run. it's all wrong. i'm for free market economic prosperity, not class warfare. let me just tell you this. taxing rich people, taxing upper end successful earners, you can't tax your way into prosperity. you can't tax your way int
here's my quick take on this whole fiscal cliff deal. you know what? i give it only one cheer out of a possible three. that's because congress averted recession by extending and making permanent nearly all the bush tax cuts. clearly this helped create today's huge rally in stocks. okay, that is good, no recession. and the upper end tax hikes probably turned out to be less onerous than investors feared. but it's not great, virtually no spending cuts. in fact, as the prior segment noted, a 41: 1...
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Jan 7, 2013
01/13
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deal on the fiscal cliff. shannon, back to you. >> shannon: thank you, brenda. wild card weekend in the nfl. your highlights or low lights depending on which team is yours next. plus, french actor gerard depardieu getting cozy with russian president vladimir puttin. what's causing this exchange next. >> it's january and that means nfl playoffs. in the nfc washington redskins hosting seattle. redskins were trailing by a touchdown rg 3 i should say robert griffins iii, no word how serious it is, would not return to the game and seattle's rushing offense m a very good day and seahawks win 24-14 and they will face the dolphins next week. and the afc, baltimore ravens taking care of business and the indianapolis colts, ravens receiver bolden had a big game. 145 yards receiving and a touchdown. colts rookie quarterback andrew luck struggled. zero touchdowns and one interception and ravens win that one 24-9 and travel to denver to play the broncos next weekend. final home game for a man some called the greatest man in ravens history. ray lewis. and he's retiring at the
deal on the fiscal cliff. shannon, back to you. >> shannon: thank you, brenda. wild card weekend in the nfl. your highlights or low lights depending on which team is yours next. plus, french actor gerard depardieu getting cozy with russian president vladimir puttin. what's causing this exchange next. >> it's january and that means nfl playoffs. in the nfc washington redskins hosting seattle. redskins were trailing by a touchdown rg 3 i should say robert griffins iii, no word how...
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cliff deal and president obama's rule of debate take a look. i mean you can say well he's. sure leadership but now what you're saying is he showed leadership but nobody else was willing to right so it's really hard to blame the present sure i'm just anxious a long geale that's just me but i think it is that what we're talking about the president really also make the point to speaker boehner the republicans what have they put on the table in terms of specifics i absolutely don't want to play as well the week when the closer to us you know the budget is not an appropriations bill right and the budget said across the board we will cut ten percent we're not going to tell you what we're not going to tell you where we're just going to imagine that it's going to happen in terms of specific spending cuts the president to actually put more on the table during this last thing go she ation then the so-called fiscal conservatives leaving the house it's always refreshing to see some semblance of accurate information coming out of a guest on g.o.p. t.v. good
cliff deal and president obama's rule of debate take a look. i mean you can say well he's. sure leadership but now what you're saying is he showed leadership but nobody else was willing to right so it's really hard to blame the present sure i'm just anxious a long geale that's just me but i think it is that what we're talking about the president really also make the point to speaker boehner the republicans what have they put on the table in terms of specifics i absolutely don't want to play as...
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Jan 4, 2013
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. >> reporter: riding high after closing the fiscal cliff deal with congress, seemed to enjoy every minute today administering the oaths of office. and the high stakes, high profile work begins for the house tomorrow where they'll be voting on emergency relief for sandy victims, billions of dollars worth. and then over the next few weeks, both sides of congress will begin to work on things like raising the country's borrowing limit, the debt ceiling, and dealing with spending cuts that could include negotiations over programs like medicare. lester? >> all right, kelly, thanks. >>> one new member of congress, the junior senator from the state of maine, is already making a name for himself. tom brokaw is here tonight with more on a man who says he wants to do the people's business in a better way than we've seen lately. hi, tom. >> lester, we don't often think of maine and royalty in the same sentence. but tonight i am reporting on the king of maine. that would be angus king, near republican or democrat, officially independent. a former two-term governor, he promised a new approach. and it p
. >> reporter: riding high after closing the fiscal cliff deal with congress, seemed to enjoy every minute today administering the oaths of office. and the high stakes, high profile work begins for the house tomorrow where they'll be voting on emergency relief for sandy victims, billions of dollars worth. and then over the next few weeks, both sides of congress will begin to work on things like raising the country's borrowing limit, the debt ceiling, and dealing with spending cuts that...
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Jan 1, 2013
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rick: the senate reaching a deal overnight to avert the fiscal cliff. so who are the winners and who are the losers? a fair and balanced debate on that. >> it's not something that any of us would say, oh, i love it. i don't love it, but i think it is a very good job of negotiating where there are some wins and some losses. new prilosec otc wildberry is the same frequent heartburn treatment as plosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer one pill each morning. 2hours. zero heartburn. satisfaion guaranteed or your money back. heather: welcome back and happy new year. thousands of people welcoming in 2013 in key west, florida, with the drop of a shoe. take a look at this. have you heard about this tradition? the annual drag queen drop, yea
rick: the senate reaching a deal overnight to avert the fiscal cliff. so who are the winners and who are the losers? a fair and balanced debate on that. >> it's not something that any of us would say, oh, i love it. i don't love it, but i think it is a very good job of negotiating where there are some wins and some losses. new prilosec otc wildberry is the same frequent heartburn treatment as plosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a...
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Jan 2, 2013
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we're talking about the fiscal cliff deal. aft we'll talk about the political fallout with people in the room. steve israel. marsha blackburn. jen psaki. and what about the money hinted this? economist diane swonk, we'll talk with her as well and after a national outcry, an attorney has stopped a lawsuit over the shooting at newtown elementary school. why he filed the suit in the first place and where it stands now. >>> amazing video. a rescue attempt goes awry. a sledder fell into an icy lake this is ma helm. one man able to use a rope, get everyone out. amazing video. we'll talk about the whole thing and that man helped get the man out of the water, he'll be here live. >> great. >> i was watching that. i thought it was a joke at first. run weave the other after the other. >>> in los angeles, a photographer killed last night trying to get a shot of justin bieber. the man snapped pictures of a sports car he thought the popstar was in and then struck and killed while crossing a freeway to get back to his own car. in a statement
we're talking about the fiscal cliff deal. aft we'll talk about the political fallout with people in the room. steve israel. marsha blackburn. jen psaki. and what about the money hinted this? economist diane swonk, we'll talk with her as well and after a national outcry, an attorney has stopped a lawsuit over the shooting at newtown elementary school. why he filed the suit in the first place and where it stands now. >>> amazing video. a rescue attempt goes awry. a sledder fell into an...
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Oct 31, 2013
10/13
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president obama got his tax increase on the fiscal cliff deal of january 2013. we increased taxes. now is the time to focus on the other side of the ledger, the spending side. i remain cautious about plans to trade spending reductions that are in the law for the promise of spending cuts or entitlement reforms at some future date. i will not entertain so-called balanced plan that punishes small business and job creators with higher taxes in exchange for minor entitlement reforms that do not change the deficit or the debt trajectory of our country. if we're going to reform entitlement programs to ensure their viability for future generations, we should do just that. 's budget could be a starting point and should be considered. i am aware that there was a great deal of angst surrounding the sequester cuts, particularly those in defense. i am satisfied that defense is not a sacred cow. i will close by saying that if we can get the department of defense do have an accounting and audit practices and an up- to-date audit control system, we would have a lot less waste their. -- there. chai
president obama got his tax increase on the fiscal cliff deal of january 2013. we increased taxes. now is the time to focus on the other side of the ledger, the spending side. i remain cautious about plans to trade spending reductions that are in the law for the promise of spending cuts or entitlement reforms at some future date. i will not entertain so-called balanced plan that punishes small business and job creators with higher taxes in exchange for minor entitlement reforms that do not...
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Jan 8, 2013
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cliff deal. all that and more is on our web site, newshour.pbs.org. gwen? >> ifill: and that's the newshour for tonight. on tuesday, we'll look at the explosion of free online college courses. i'm gwen ifill. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you, and good night. >> major funding r thpbs newshour has been provided by: >> bnsf railway. >> macarthur foundation. >> and with the ongoing support of these institutions and foundations. and... >> this progr was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org
cliff deal. all that and more is on our web site, newshour.pbs.org. gwen? >> ifill: and that's the newshour for tonight. on tuesday, we'll look at the explosion of free online college courses. i'm gwen ifill. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you, and good night. >> major funding r thpbs newshour has been provided by: >> bnsf railway. >> macarthur foundation. >> and with the ongoing support of...
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Oct 13, 2013
10/13
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he caught the fiscal cliff deal. he cut the deal, the debt ceiling deal two years ago, gave us the sequester, the super committee, the fact he's renegotiating this instead of biden maybe shows democrats feel they have more leverage here. >> don't underestimate the rethat the reid felt cut out in that deal with biden and mcconnell. and reid doesn't -- we were talking earlier about somebody having stiffnd oened obama spin that person is probably reid. >> those deals don't -- you're stuck with a sequester that was supposed to be a worst case thing that would ever happen and here it is -- >> i talked to nancy pelosi on thursday and i was amazed how candid she was. she didn't take anything off the table, but the words that came out of her mouth were pretty interesting. she said, look, we have been enablers. we have been -- we're the responsible party and they know it, they can act irresponsibly. we're not going to enable that anymore. i thought that was really interesting. >> i think obama's plan for years had been i'll c
he caught the fiscal cliff deal. he cut the deal, the debt ceiling deal two years ago, gave us the sequester, the super committee, the fact he's renegotiating this instead of biden maybe shows democrats feel they have more leverage here. >> don't underestimate the rethat the reid felt cut out in that deal with biden and mcconnell. and reid doesn't -- we were talking earlier about somebody having stiffnd oened obama spin that person is probably reid. >> those deals don't -- you're...
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Jan 7, 2013
01/13
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despite the tax hikes from the fiscal cliff deal. listen. >> no, no. >> revenue side of it taken care of? >> no, it's not. we're talking about looking at the tax code and putting everything on the table from the standpoint of closing loopholes and we know that we can do that. >> molly henneberg is live in washington. molly, what do we know about the president's strategy going forward? >> shannon instead of trying negotiations, president obama is drawing some very public lines in the sand over fiscal fights to come. likely trying to win over american support with more public campaign style tactics. on the debt ceiling essentially the credit card limit shall the president is calling on congress to raise that ceiling without a fight. >> one thing i will not compromise over is whether or not congress should pay the tab for a bill they've already wracked up. if congress fuses to give the united states ability to pay for bills on time. the consequence could be sc catastrophic. the last time our families and businesses suffered for it. >> c
despite the tax hikes from the fiscal cliff deal. listen. >> no, no. >> revenue side of it taken care of? >> no, it's not. we're talking about looking at the tax code and putting everything on the table from the standpoint of closing loopholes and we know that we can do that. >> molly henneberg is live in washington. molly, what do we know about the president's strategy going forward? >> shannon instead of trying negotiations, president obama is drawing some very...
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Feb 26, 2013
02/13
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but the fiscal cliff is where the white house did a good thing. we did get revenues and we avoid avoided draconian cuts that could have been damaging. the republican caucus is determined to get cuts at any price, that's a foolish approach. what you're going to see as this unfolds is the harm will become evident--the harm to the economy will become evident and there will be reaction. we've already seen the market getting spooked today with the largest drop in the dow over the last couple of months. >> john: they seem to think that the sequester is a tea party victory. does that mean that the tea party are arguably calling the shots in the house? >> well, they do in some ways. the republicans are split between what i call practical conservatives and tea party folks who essentially have as an agenda not cutting the budget but undermining constitutions in government. they think we ought to get rid of it. the republicans need those tea party votes to get something passed. so they basically have the power of no. >> john: congressman peter welch, congres
but the fiscal cliff is where the white house did a good thing. we did get revenues and we avoid avoided draconian cuts that could have been damaging. the republican caucus is determined to get cuts at any price, that's a foolish approach. what you're going to see as this unfolds is the harm will become evident--the harm to the economy will become evident and there will be reaction. we've already seen the market getting spooked today with the largest drop in the dow over the last couple of...
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Feb 28, 2013
02/13
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one of the biggest reasons i felt the fiscal cliff deal was a mistake because it locked in and made permanent 90% of the bush tax cuts. i want to address the deficit. i'll be honest. we have to find savings cuts in the mandatory spending programs as well. but what we're doing right now is we're torturing the discretionary portion of the budget thinking that well, no one would want to see that happen so it will force us to make a big deal on taxes and mandatory spending. we're not. it's not working. let's stop torturing the discretionary budget. that's step one. that's what my bill does, sets reasonable spending limits and gets us back in the regular order of passing an appropriations bill. but holding the first hostage to the second, it's having a negative impact and we're just letting it happen. >> john: congressman, hit me throw this at you. given the economy's precarious state why not fight to cancel the sequester all together. taking hundreds of billions out of the economy will slow the system and that is less damaging than the mandate of the sequester? >> my bill does not cut anything in
one of the biggest reasons i felt the fiscal cliff deal was a mistake because it locked in and made permanent 90% of the bush tax cuts. i want to address the deficit. i'll be honest. we have to find savings cuts in the mandatory spending programs as well. but what we're doing right now is we're torturing the discretionary portion of the budget thinking that well, no one would want to see that happen so it will force us to make a big deal on taxes and mandatory spending. we're not. it's not...
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Jan 10, 2013
01/13
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the last time we did balance was the fiscal cliff deal. all taxes no cuts. >> megyn: simon, what do you think of it? i know president obama wants to continue raising taxes on the rich. and he doesn't think that he's done yet. but americans may not buy the argument that this is just about the rich, given what we just saw happen on january 1st, with everybody taxed. >> let's see what happens. and i think that right now, jay carney laid it out. i think the president has already put a lot of spending cuts on the table. he's already accepted a trillion dollars of domestic spending cuts. i think you'll see a lot of emphasis in the next few months reducing the cost of medicare and medicaid, the rate of grow of health care in the united states. i think defense will probably be -- they'll be looking at defense cuts more than in the sequestration, maybe less. the democrats have put a lot of spending cuts on the table and the democrats didn't get all the tax increases that they want. the president took a number that was much lower than he negotiated.
the last time we did balance was the fiscal cliff deal. all taxes no cuts. >> megyn: simon, what do you think of it? i know president obama wants to continue raising taxes on the rich. and he doesn't think that he's done yet. but americans may not buy the argument that this is just about the rich, given what we just saw happen on january 1st, with everybody taxed. >> let's see what happens. and i think that right now, jay carney laid it out. i think the president has already put a...
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Jan 4, 2013
01/13
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number one was fiscal cliff and dealing with the debt limit issues. caller: i didn't see where it said debt limit. it aint just debt limit it's our deficit. i don't understand why spending cuts was put off two months. this country is going to go under if we don't make some serious spending cuts. i know they're in there where they can be made to where they can't hurt nobody. host: how would do you that? caller: well, i know they're in there. there's all kinds of stupid crap that congress -- i don't think if congress but somebody is paying for that they can get rid of. just like the nuclear thing, do we really need three of them. host: thanks for the call. let me go back, cbs news didn't list of the fiscal cliff and raising the debt limit as the number one agenda item for the new congress listing five. you can go to cbs news.com to read them. we have reached the current debt limit of $16.4 trillion. this will set the stage for another battle over spending issues. this is what it looks like at u.s .debtclock.org. congress needs to deal with some of the l
number one was fiscal cliff and dealing with the debt limit issues. caller: i didn't see where it said debt limit. it aint just debt limit it's our deficit. i don't understand why spending cuts was put off two months. this country is going to go under if we don't make some serious spending cuts. i know they're in there where they can be made to where they can't hurt nobody. host: how would do you that? caller: well, i know they're in there. there's all kinds of stupid crap that congress -- i...
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Feb 9, 2013
02/13
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they feel like it's part of the fiscal cliff deal. they did not get the spending cuts that they want. did they not get chicaany chang the federal health programs. they say, well, if this is the way to get spending cut and tackle the deficit immediately, we're willing to and see what is happening. >> thank you, nancy. >>> that's a wrap at this hour. of "weekends with alex witt." join me for a two-hour edition of the show at noon eastern. but straight ahead, more political talk with "up with chris hayes." among his special guests, gloria steinem and marlo thomas. stay with us. our financial advice is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] [ male announcer ] life brings obstacles. usaa brings retirement advice. call or visit us online. we're ready to help. learn more with our free usaa retirement guide. call 877-242-usaa. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my to
they feel like it's part of the fiscal cliff deal. they did not get the spending cuts that they want. did they not get chicaany chang the federal health programs. they say, well, if this is the way to get spending cut and tackle the deficit immediately, we're willing to and see what is happening. >> thank you, nancy. >>> that's a wrap at this hour. of "weekends with alex witt." join me for a two-hour edition of the show at noon eastern. but straight ahead, more...
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Jan 6, 2013
01/13
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we've just increased taxes by 600 billion in the fiscal cliff deal. if you kind of put all the numbers together, we need another 1.2 trillion in deficit savings to get to a point where the debt is no longer growing faster than gdp. that stabilizes the depth-to-gdp ratio. 1.2 trillion sounds like a lot, but that's over ten years, and it's about half a percent of gdp. to do it in a balanced way, means 600 billion on the revenue side and 600 billion in the spending cut side, and i think that's the answer to your question. >> that is the answer to my question. the debt limit battle that we're looking at here over the next month or two, what's the potential that that battle could once again, not just affect the markets, but also affect the credit rating that this country has? >> well, right. i think the market impact, while certainly important, it pales behind that of the potential impact on economies our own and the global. the potential is huge. i mean, the fiscal cliff was a scratch on your arm compared to the damage that we're talking about here. in fa
we've just increased taxes by 600 billion in the fiscal cliff deal. if you kind of put all the numbers together, we need another 1.2 trillion in deficit savings to get to a point where the debt is no longer growing faster than gdp. that stabilizes the depth-to-gdp ratio. 1.2 trillion sounds like a lot, but that's over ten years, and it's about half a percent of gdp. to do it in a balanced way, means 600 billion on the revenue side and 600 billion in the spending cut side, and i think that's the...
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Jan 2, 2013
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saying that we are in the fiscal cliff deal. $400 million for hollywood. $70 billion for nascar. money for electric motorcycle makers whatever that might be. >> greg: these are people that cam papeed through the video and commercials for raising taxes on the average americans or wealthy america americans. what they get now are tax exemptions for the movie industry. so they can make crappy movie. >> dana: promoting gun violence. >> bob: that is not taking the movies to canada. >> eric: do we need $1 gallon subsidy for algae growth? >> bob: $70 million for nascar. >> kimberly: i'm for the nascar money. >> greg: have you watched algae grow? >> kimberly: come to my apartment. >> bob: to watch algae grow? >> eric: time to go. coming up, if you are up with of the people who likes to pick up road kill, good news for you. dana is going to explain. later, antigun crowd in hollywood has a public service announcement. mr. gutfeld has an announcement. stick around. [ all ] 3, 2, 1... [ male announcer ] as the year counts down, your savings can add up with the adt new year's sale. help protec
saying that we are in the fiscal cliff deal. $400 million for hollywood. $70 billion for nascar. money for electric motorcycle makers whatever that might be. >> greg: these are people that cam papeed through the video and commercials for raising taxes on the average americans or wealthy america americans. what they get now are tax exemptions for the movie industry. so they can make crappy movie. >> dana: promoting gun violence. >> bob: that is not taking the movies to canada....
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Jan 3, 2013
01/13
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don't forget, this fiscal cliff deal, started in the senate. that had to start in the house. it's a tax, checkbook bill that was actually started in the house months ago that kind of went to the senate. they gutted that bill, turned it into a senate bill and sent it back to the house. they could have done the exact same thing with sandy relief. >> steve: just remember, the sequester was invented by the white house and we kicked that down two months. make sure you check out "the five" at 5. >> alisyn: that's cheap advertising. >> steve: it is. >> brian: but a great show. i sense miss universe is going to be your one more thing. >> i'm against legalizing pot, too. >> brian: there you go. that's all you have in common, you two. now your headlines. putnam county, new york, won't be helping a newspaper with its map of gun owners' home addresses. the journal news published the information of residents in two other counties. to make the map, they used a freedom of information act which putnam county is rejecting. officials will hold a press conference later to defend their decision.
don't forget, this fiscal cliff deal, started in the senate. that had to start in the house. it's a tax, checkbook bill that was actually started in the house months ago that kind of went to the senate. they gutted that bill, turned it into a senate bill and sent it back to the house. they could have done the exact same thing with sandy relief. >> steve: just remember, the sequester was invented by the white house and we kicked that down two months. make sure you check out "the...
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Mar 2, 2013
03/13
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guest: people were so focused on the fiscal cliff deal. that fight was about be sequester. a much larger part of it was about tax rates and what people should pay in tax rates. people saw that deal as something that affected everyone because it affected by the or not your tax bill would go off for this year. he sequester is a little bit more abstract. it is a long word. if you are a federal employee, you are paying close attention to it. it has yet to seep into the consciousness of the general public the wavy raising of your taxes potentially would. host: if you are playing scrabble, it is a 22. word at the base level. on our line for republicans, you are on "washington journal." caller: thank you for taking my call. i have a different take on this. i am in favor of the sequester, but for a bizarre reason. i think the last thing the governor did right was world war ii. we have had amtrak, the post office, the situation whereby we have the old joke about the ditchdigger in new york with the four guys watching and federal employee salaries have surpassed by far the private se
guest: people were so focused on the fiscal cliff deal. that fight was about be sequester. a much larger part of it was about tax rates and what people should pay in tax rates. people saw that deal as something that affected everyone because it affected by the or not your tax bill would go off for this year. he sequester is a little bit more abstract. it is a long word. if you are a federal employee, you are paying close attention to it. it has yet to seep into the consciousness of the general...
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Jan 3, 2013
01/13
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wait till after the fiscal cliff deal is done. i'm worried about that. then we'll take it up after that. chris christie, we have the chris christie press conference where he promised chris that, you know, pick up the phone. you call and lobby the members and i'll take care of it. and then he got his vote. shut down the house. and that was it. everybody feels like john boehner did not tell them the truth. >> so here's chris christie yesterday as well. >> there's only one group to blame for the continued suffering of these innocent victims. the house majority and their speaker, john boehner. we respond to innocent victims of natural disasters not as republicans or democrats but as americans. or at least we did until last night. last night the house of representatives failed. that most basic test of public service. and they did so with callous indifference to the suffering of the people of my state. i called the speaker four times last night after 11:20, and he did not take my calls. on a political chess board of internal palace intrigue politics, our peopl
wait till after the fiscal cliff deal is done. i'm worried about that. then we'll take it up after that. chris christie, we have the chris christie press conference where he promised chris that, you know, pick up the phone. you call and lobby the members and i'll take care of it. and then he got his vote. shut down the house. and that was it. everybody feels like john boehner did not tell them the truth. >> so here's chris christie yesterday as well. >> there's only one group to...
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Feb 9, 2013
02/13
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it's the fallout from the fiscal cliff deal which only delayed the cuts until march the 1st. if lawmakers fail to cut a new deal, the white house says the feds would have to furlough hundreds of thousands of workers. jennifer griffin is at the pentagon tonight. how bad do officials say this will be for the military. >> in if you listen to the military, really bad. >> instead of a first rate power in the world second rated power that would be the result of sequester. >> you won't hear this chairman arguing we need to do more with less. if that happens we need to do less with less. >> the real problem is as the u.s. and allies. adversaries are doing opposite. russia will surpass defense spending in just two years. china is slated to overtake the u.s. in 2035, shepard. >> shepard: jennifer, analysts are saying that the u.s. defense budget is still larger than the next 13 countries combined. how in the world could this make us a second rate power? if is six times larger than china's official defense spending. >> you have seen double digit a increases in chinese defense spending f
it's the fallout from the fiscal cliff deal which only delayed the cuts until march the 1st. if lawmakers fail to cut a new deal, the white house says the feds would have to furlough hundreds of thousands of workers. jennifer griffin is at the pentagon tonight. how bad do officials say this will be for the military. >> in if you listen to the military, really bad. >> instead of a first rate power in the world second rated power that would be the result of sequester. >> you...
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Jan 24, 2013
01/13
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CURRENT
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cliff deal, we wouldn't have seen the republican party back off attaching a debt limit vote to severe spending cuts. they were feeling the heat of public opinion and to some extent of lead opinion, wall street opinion and corporate opinion and so forth on these matters. public opinion does make a difference. supports bomb on guns by and large. supports obama on revenues i think ultimately public opinion will make a difference. >> john: and they support on filibuster reform as well. i hope harry reid can hear you. michael tomasky always a pleasure to have you. you made me feel a little better. you really did. i didn't think it was possible. >> that's why i'm here. >> john: the one and only michael tomasky. thank you for coming on again. >> thanks a lot. >> the right wing has a new word word, fascism. unfortunately they think it >> john: stay speaker of the house john boehner said, quote wants to annihilate the g.o.p. okay, let's looook at some of the annihilateing annihilation barack obama was open to the idea of outlawing contraception. no wait, that wasn't obama. that was the republi
cliff deal, we wouldn't have seen the republican party back off attaching a debt limit vote to severe spending cuts. they were feeling the heat of public opinion and to some extent of lead opinion, wall street opinion and corporate opinion and so forth on these matters. public opinion does make a difference. supports bomb on guns by and large. supports obama on revenues i think ultimately public opinion will make a difference. >> john: and they support on filibuster reform as well. i hope...
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Feb 8, 2013
02/13
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our problems, and the republicans said, okay, in the fiscal cliff deal we'll give you your tax increases. so he has the tax hikes, but there have been no spending cuts. so now the republicans who actually for the first time in the obama presidency have the stronger hand, now they should come in and say, okay, you keep arguing for a balanced approach. we gave you your tax hikes, where are the spending cuts? and make him answer to that. jon: and has been pointed out many time, the additional money, the revenue as they like to call it that was raised by the that tax hike immediately got spent by the congress when they received the sandy aid bill. >> that's right. all in one shot it's been evaporateed. we don't have a revenue problem in america -- jon: bigger revenues right now than 2008. >> that's right. to cover all of the government's bills. we have an incredible spending problem. just this week the nonpartisan cbo, congressional budget office, released their ten-year projection, and they're projecting over the next ten years the federal government to spend $47 trillion, spending going up
our problems, and the republicans said, okay, in the fiscal cliff deal we'll give you your tax increases. so he has the tax hikes, but there have been no spending cuts. so now the republicans who actually for the first time in the obama presidency have the stronger hand, now they should come in and say, okay, you keep arguing for a balanced approach. we gave you your tax hikes, where are the spending cuts? and make him answer to that. jon: and has been pointed out many time, the additional...
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Jan 23, 2013
01/13
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we had a major tax increase, obama wins over the fiscal cliff deal. that's not enough. listen to chuck schumer we've got to have more revenue, more, more, more, going to take the gold out of your treat when they're done. watch this. >> we need a budget, but second, it's going to be a great opportunity for us 'cause in our budget that we will pass, we'll have tax reform which many of my republican colleagues like, but it's going to include revenues, it's a great opportunity to get us some more revenues. >> the next tax increase is going to be called tax reform. >> that's right. an opportunity to soak the rich. >> sean: a trillion dollars in new revenue through tax reform. >> it could be a carbon tax, it could be cutting deductions for wealthy people. it could be more social security tax, it could be means testing medicare, it could be anything, but we're going to get more money out of you, more taxes, more spending, forget about the debt. >> and the place where they fall short is in persuading us or the american people that they're going to take the revenues and be able
we had a major tax increase, obama wins over the fiscal cliff deal. that's not enough. listen to chuck schumer we've got to have more revenue, more, more, more, going to take the gold out of your treat when they're done. watch this. >> we need a budget, but second, it's going to be a great opportunity for us 'cause in our budget that we will pass, we'll have tax reform which many of my republican colleagues like, but it's going to include revenues, it's a great opportunity to get us some...
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Dec 19, 2013
12/13
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that was before the fiscal cliff deal that created even more fiscal headwinds for the economy. of course, we are at 7%. asset purchases made some of the difference. it has helped create jobs. you can see how it works. as a purchases brought down interest and mortgage rates. it brought down car loan interest rate and you have seen a response in those areas as economy has done better. moreover, as has been done in the face of very tight and unusually tight fiscal policy for this period. it has been effect it, but the-- it has been effective but the precisesize of the impact is something that we can very reasonably disagree about and we can ---- and work will continue. the uncertainty of the impact and the effects of ending programs and so on, one of the reasons we have treated this as a supplementary rather than as a >> don leeol. of "l.a. times." unemployment benefits are expiring shortly for millions of how much of an economic impact do you see that having? what effect would you expect that would have on the unemployment rate? if those people drop out of the labor force, will t
that was before the fiscal cliff deal that created even more fiscal headwinds for the economy. of course, we are at 7%. asset purchases made some of the difference. it has helped create jobs. you can see how it works. as a purchases brought down interest and mortgage rates. it brought down car loan interest rate and you have seen a response in those areas as economy has done better. moreover, as has been done in the face of very tight and unusually tight fiscal policy for this period. it has...
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Feb 8, 2013
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cliff deal to his advantage, but it just won't work out that same way. so we have to understand the sequester is really just code word for undermining the safety net and food security and economic security for the poorest folk in this country. >> absolutely. jonathan, the sequester, which would inflict $85 billion in across the board cuts in just one year, was designed to be so awful that congress would have to act to prevent it. house republicans appear increasingly willing to let the sequester take effect despite their concerns to cuts over defense spending. i think that's actually the preferred position said republican representative tom cole of oklahoma. so, jonathan, how did the sequester go from being the worst thing in the entire world to something that republicans now would prefer to see happen? >> you know, i wish i had the answer to that question, but congressman cole is not alone. he's not all by himself in that view. republican member of congress told me yesterday that he didn't think that the sequester was a big deal. so you have this stick
cliff deal to his advantage, but it just won't work out that same way. so we have to understand the sequester is really just code word for undermining the safety net and food security and economic security for the poorest folk in this country. >> absolutely. jonathan, the sequester, which would inflict $85 billion in across the board cuts in just one year, was designed to be so awful that congress would have to act to prevent it. house republicans appear increasingly willing to let the...
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Jan 4, 2013
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it's not just what he did on the fiscal cliff deal. it's what he did at the end of 2010 in terms of extending the tax cuts and getting unemployment compensation through and the payroll tax through. it's the influence he's had on afghanistan policy and iraq policy where we're getting out of those wars. it's the way he campaigned and the way he related to people in the last election. i think that, you know, look, hillary clinton is a formidable obama th obama that skal. i think some times people forget throughout history no incumbent vice president has been denied the nomination of his party since 1952. >> wow, well let me ask you following up on that, maria, do you think biden is seriously thinking about running? let me show you what he said on election day since bob went there, let me go there with him. on election day, it kind of raised a few eyebrows. watch what happened in an exchange joe biden had. >> um-hmm. i remember, yep, yep. >> this is the eighth time that i've run statewide in the state of delaware. and it's alms a kick. and
it's not just what he did on the fiscal cliff deal. it's what he did at the end of 2010 in terms of extending the tax cuts and getting unemployment compensation through and the payroll tax through. it's the influence he's had on afghanistan policy and iraq policy where we're getting out of those wars. it's the way he campaigned and the way he related to people in the last election. i think that, you know, look, hillary clinton is a formidable obama th obama that skal. i think some times people...
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the leadership level negotiations as we saw the fiscal cliff deal, as we saw in 2011, didn't go anywhere. john boehner says i'm not doing back room negotiations. these senators want to go and see if they can have productive conversations. we will see over the next few months, leading up to august, when the debt limit becomes an issue again, whether or not we have got the conversation into a new place that could result in a deal. if not, there won't be any more deficit we duckses and the president will challenge republicans to not raise the debt limit and take the consequences economically that result from that. >> john harwood, thank you very much. john rosenthal, thank you. keith, always great to have you on. >>> first lady michelle obama said to address congress from chicago. we will bring you the first lady's remarks from her hometown. >>> congress saying they are poised for more progress . >>> not a lot of smoke and mirrors in here. and if we can come together, have a serious reasoned debate, not driven by politics, and come together around common sense and compromise -- >> that was
the leadership level negotiations as we saw the fiscal cliff deal, as we saw in 2011, didn't go anywhere. john boehner says i'm not doing back room negotiations. these senators want to go and see if they can have productive conversations. we will see over the next few months, leading up to august, when the debt limit becomes an issue again, whether or not we have got the conversation into a new place that could result in a deal. if not, there won't be any more deficit we duckses and the...
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Jan 20, 2013
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. >> it was reported in trying to get a fiscal cliff deal, president obama threatened the republicans that if they didn't get on board, he was going to use his inaugural address and state of the union address to publicly humiliate them -- which would have been unprecedented. >> i believe those threats. listen, if you listen to what david plouffe said this morning on "fox news sunday." he said the president's going to share with the country, a message talking about the need for common ground and coming together. in the next breath, he said, we have done extensive research about what the election results mean and they mean that everybody agrees with us and the republicans have to comp -- compromise. that's almost literally what he said am. so i expect him to talk about common ground and then i expect we won't see it. >> bam bottom has been a firwall president, protecting the progressive agenda, essentially, the protector of liberalism in many ways, allowing -- won't allow row v. wade to be overturned, won't allow regulations to be scrapped at epa. we can make a hundred of those. he is t
. >> it was reported in trying to get a fiscal cliff deal, president obama threatened the republicans that if they didn't get on board, he was going to use his inaugural address and state of the union address to publicly humiliate them -- which would have been unprecedented. >> i believe those threats. listen, if you listen to what david plouffe said this morning on "fox news sunday." he said the president's going to share with the country, a message talking about the need...
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the tax increase deal they were talking about. the fiscal cliff. holiday, the expiration of the payroll tax. we have engaged in significant economic policy to bring the budget down. economic growth is part of it. it has been deeply subpar. to say, i'm ok with the demos and reduction we have as of because the economy is ok seems to be really missing a lot of the pain going on out there. >> on the one point that was that if our debt to gdp ratio grows out of flat, that would have a big challenge for economic growth. , but let'sgree assume that is true. what i find frustrating about the current debate is, we have an economic growth spurt now without a long-term talent. discussionwhole about ensuring that we are focused on those long-term -- which i agree. we do not have rational but ladders. with eight which take a different course. it is frustrating to hear about potential challenges to economic , 20th 10 years, 15 years years, when we have real challenges right now. >> one of the things i noticed that your report is you basically said, we have focus
the tax increase deal they were talking about. the fiscal cliff. holiday, the expiration of the payroll tax. we have engaged in significant economic policy to bring the budget down. economic growth is part of it. it has been deeply subpar. to say, i'm ok with the demos and reduction we have as of because the economy is ok seems to be really missing a lot of the pain going on out there. >> on the one point that was that if our debt to gdp ratio grows out of flat, that would have a big...
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cliff deal earlier this year. jenna: based on what you're hearing in the halls are we close to an immigration deal? we keep on hearing we might get something tomorrow or even on friday. >> i'm encouraged by the conversations that are occurring with the so-called gang of eight. we don't know what it looks like, but it will go to the senate judiciary committee that i serve on and then go through the process on the senate floor and through the house, but this is an issue we ned to deal with. we need to -- we need to deal w. we need to fix our broken immigration system. i don't know anyone who thinks that the status quo is acceptable. jenna: thank you for being on the program. we always look forward to having you back. >> thank you, jenna. rick: new information now on a story that broke yesterday during "happening now," the terrifying stabbing spree at a community college in texas, wounding more than a dozen people, many with garbs to the neck and face. one of the students tackling the suspect asking the question many
cliff deal earlier this year. jenna: based on what you're hearing in the halls are we close to an immigration deal? we keep on hearing we might get something tomorrow or even on friday. >> i'm encouraged by the conversations that are occurring with the so-called gang of eight. we don't know what it looks like, but it will go to the senate judiciary committee that i serve on and then go through the process on the senate floor and through the house, but this is an issue we ned to deal with....
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Jan 3, 2013
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ultimately, house republicans did get their side of the fiscal cliff deal passed, but john boehner had to do it with 172 democrats, and only 58 republicans. twice as many republicans voted against him as voted with him. the man was already at the end of a very, very, very frayed rope, and that was before this happened. >> it's inexcusable. and i am -- i am here tonight saying to myself for the first time that i'm not proud of the decision my team has made. >> this congress has never, never failed to vote emergency appropriations for the aid of the beleaguered states, never. to ignore the plight of millions of american citizens, unprecedented, disgusting, unworthy of the leadership of this house. they should reconsider or they should hang their heads in shame. >> these republicans have no problem finding new york when they're out raising millions of dollars. anyone from new york or new jersey who contributes one penny to congressional republicans is out of their mind because what they did last night was put a knife in the back of new yorkers and new jerseyans. it was absolutely disgrace
ultimately, house republicans did get their side of the fiscal cliff deal passed, but john boehner had to do it with 172 democrats, and only 58 republicans. twice as many republicans voted against him as voted with him. the man was already at the end of a very, very, very frayed rope, and that was before this happened. >> it's inexcusable. and i am -- i am here tonight saying to myself for the first time that i'm not proud of the decision my team has made. >> this congress has...
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house conservatives threatened to kill fiscal cliff deal. that is the headline on this article. house republicans are in conference. we're hoping the leadership will come out afterward. if they do, we will bring you that press conference. in this article, it says that less than 12 hours after senate majority leader mitchell and a a -- senate minority leader mitch mcconnell marshaled the votes, the deal appealed squash by a revolt led by eric cantor. although his remarks were brief, they sent shock waves through his conference, which was already extremely skeptical of the agreement, and perhaps looking for a leader. conservative opposition to the agreement stems from a host of issues, including that the deal does not include any spending cuts, would significantly add to the deficit and raise taxes on those making more than $400,000 a year. while the republicans were meeting earlier today, the congressional budget office came out with its scoring of the bill passed by the senate. another four dollars trillion in deficit spending is what they scored its ad for the next nine years,
house conservatives threatened to kill fiscal cliff deal. that is the headline on this article. house republicans are in conference. we're hoping the leadership will come out afterward. if they do, we will bring you that press conference. in this article, it says that less than 12 hours after senate majority leader mitchell and a a -- senate minority leader mitch mcconnell marshaled the votes, the deal appealed squash by a revolt led by eric cantor. although his remarks were brief, they sent...
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Jan 16, 2013
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the fiscal cliff deal passed the house, 257 to 167 with only 85 republicans voting for it. and 151 republicans voting against it. boehner broke his rule again tonight when he allowed a vote on a $51 billion hurricane relief package to sandy. the bill passed the house, with just 49 republicans voting for it and 179 republicans voting against hit. today, chuck todd asked if the boehner rule will apply to the debt ceiling. >> if there is not a majority in the house republican conference to raise the debt limit but there is a majority in the house of representatives to raise a clean debt limit, would the leadership be willing to do that? >> you know, let's look at how do we avoid default on america and america's debt? how do we avoid these issues that are going to bankrupt the country long-term. >> the guy kept talking but he simply refused to answer chuck's question. he said a lot more words, but i'm not going to waste your time with what those words were. but rush limbaugh thinks that he knows what is going to happen. >> crisis to crisis, republicans always cave, but it is a
the fiscal cliff deal passed the house, 257 to 167 with only 85 republicans voting for it. and 151 republicans voting against it. boehner broke his rule again tonight when he allowed a vote on a $51 billion hurricane relief package to sandy. the bill passed the house, with just 49 republicans voting for it and 179 republicans voting against hit. today, chuck todd asked if the boehner rule will apply to the debt ceiling. >> if there is not a majority in the house republican conference to...
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that was the case with the fiscal cliff deal in early january, the case with the passage of the superstorm sandy release package in january as well, that was also the case in february with the passage of the violence against women act that included protections for members of the lgbt community, native americans and immigrants. that was all done as a result of the leadership of nancy pelosi, her vision, a unified democratic conference, and she is doing a tremendous job and will do anything better job as the next speaker of the united states congress. host: last call for hakeem jeffries comes from that converge, independent -- comes from upon roush, independent line. caller: good morning. i don't see where there is any agreement on republicans or democrats in the last few years. a little question -- do you see any future that you all going to finally agree on something to get this country moving? i guess the last two years, there has been so much disagreement on both sides of the aisle that this country is not moving ahead and you are seeing the problems it may. guest: oh, i certainly think
that was the case with the fiscal cliff deal in early january, the case with the passage of the superstorm sandy release package in january as well, that was also the case in february with the passage of the violence against women act that included protections for members of the lgbt community, native americans and immigrants. that was all done as a result of the leadership of nancy pelosi, her vision, a unified democratic conference, and she is doing a tremendous job and will do anything...
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to pass a moderate tax increase before the fiscal cliff deal isn't the best way to deal with the capital is to throw rocks at it. then send joe biden in to clean up the glass. your thoughts? in nominating hagel this week, the president praised his record of independence in the senate and urged his former colleagues to confirm him quickly. take a look. >> chuck represents the bipartisan tradition we need more of in washington. for his independence and commitment to consensus, he's earned the respect of national security and military leaders. i just want to repeat i hope that the senate will act on these confirmations promptly. when it comes to national security, we don't like to leave a lot of gaps between the time that one set of leaders transitions out and another transitions in. so we need to get moving quickly. >> feehery, you denied this is a statement naming chuck hagel. he's going to the left on foreign policy. he's going away from the neo-conservative universe. he's not going to be mr. tough guy bully in the schoolyard. it is a statement and means something. >> there's no question
to pass a moderate tax increase before the fiscal cliff deal isn't the best way to deal with the capital is to throw rocks at it. then send joe biden in to clean up the glass. your thoughts? in nominating hagel this week, the president praised his record of independence in the senate and urged his former colleagues to confirm him quickly. take a look. >> chuck represents the bipartisan tradition we need more of in washington. for his independence and commitment to consensus, he's earned...
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. >> he took heat over the fiscal cliff deal, and this is where he is drawing a bit of a line. >> john boehner then said multiple times, this has become the sort of phrase of john boehner, which is the house has done its work. take it up to the senate. my question is that the refrain on everything? he could feesably say that on gun control. he can see that on -- i don't know in a the house has done its work on immigration and gun control, but let the upper chamber lead because we are done here. >> i think that's absolutely true, and i think you'll see more of that. one interesting thing about this whole debate to me that gets sort of the broader trajectory in the next few years is how important is the military and is military funding to the republicans some this whole debate was premised on the idea that military cuts would be so central to the way that republicans saw the world that they would, you know -- that they would cut a deal here. i think what we're seeing is that when it comes to military spending versus the kind of continued idealogical emphasis on lower taxes and smaller go
. >> he took heat over the fiscal cliff deal, and this is where he is drawing a bit of a line. >> john boehner then said multiple times, this has become the sort of phrase of john boehner, which is the house has done its work. take it up to the senate. my question is that the refrain on everything? he could feesably say that on gun control. he can see that on -- i don't know in a the house has done its work on immigration and gun control, but let the upper chamber lead because we...
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cliff deal, $600 billion tax increase on rich and small businesses. now, once again, as he did with obamacare, he wants to come after the middle class and below and tax your cell phone. >> as taxes go, $5 a year, which would sunset, $4-5, i read, which would sunset according to the white house three years from now, 12 bucks is not that big of a deal. mea americans might even be willing to cough that up to allow high speed access to go into underserved areas. the larger issue is this is what some call an end run around congress. he doesn't have to go through congress to get this tax. >> right. >> how is he able to do that? >> first of all, call me skeptical this tax will sunset. a lot of taxes they say, it's just temporary, don't worry, three years from now, it will be gone then it's not. they're trying to raise $6 billion. it might end up being a lot more than that. when it comes to the issue of maybe americans would be willing for this trade-off, $5 or $12 for your cell phone bill over the year, and then that will go towards money in the schools and
cliff deal, $600 billion tax increase on rich and small businesses. now, once again, as he did with obamacare, he wants to come after the middle class and below and tax your cell phone. >> as taxes go, $5 a year, which would sunset, $4-5, i read, which would sunset according to the white house three years from now, 12 bucks is not that big of a deal. mea americans might even be willing to cough that up to allow high speed access to go into underserved areas. the larger issue is this is...
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Apr 15, 2013
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he's one of the resisters to a deal right now for personal reasons that fiscal cliff deal being so agonizing. somewhere there's a feeling if this happens again it would be good for everyone to suffer politically. >> good to see both of you. thank you. >>> secretary of state john kerry now on his way home after wrapping up a ten-day overseas tour. in tokyo this morning, he said the u.s. is still open to talks with north korea but the burden is on pyongyang. today the north is celebrating the 101st birthday of its founder and there were concerns it would test fire a missile to mark the occasion. kerry talked about that when he sat down with our own andrea mitchell. >> what does it mean if he does launch a missile or do a provocative act on this day, the anniversary, or in coming days. >> let me reverse that. so far today and we are only halfway through the day, there hasn't been a shoot and my hope is there won't be because that would mean perhaps we're turning a corner and there's a possibility of moving in a better direction. >> meantime secretary kerry will stop in chicago today to meet the
he's one of the resisters to a deal right now for personal reasons that fiscal cliff deal being so agonizing. somewhere there's a feeling if this happens again it would be good for everyone to suffer politically. >> good to see both of you. thank you. >>> secretary of state john kerry now on his way home after wrapping up a ten-day overseas tour. in tokyo this morning, he said the u.s. is still open to talks with north korea but the burden is on pyongyang. today the north is...
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Feb 20, 2013
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cliff deal, and they don't want another deal that raises taxes at all. so there's this huge divide from both parties about how to solve this. >> bill: but again, the impact is so disastrous to the american economy, military, domestic programs that republicans seem to say they are willing to pay that price, and then today most of the stories are about well who is going to get the blame. >> right. >> bill: the "washington post" headline, as cuts here focus is on blame. the hill parties are playing political chicken. so republicans feel one of the reasons that they are willing to let it happen is they are going to successfully blame president obama for it. >> i think that's what they are trying to do, last week on twitter a lot of prominent speakers were using the hashtag calling it obama sequester. there has been talk that the sequester idea originated in the white house, and therefore they should be blamed but both parties voted for this legislation that set up the sequester. >> bill: 174 republicans voted for it including john boehner, eric cantor. >> ri
cliff deal, and they don't want another deal that raises taxes at all. so there's this huge divide from both parties about how to solve this. >> bill: but again, the impact is so disastrous to the american economy, military, domestic programs that republicans seem to say they are willing to pay that price, and then today most of the stories are about well who is going to get the blame. >> right. >> bill: the "washington post" headline, as cuts here focus is on blame....
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Jan 2, 2013
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this is all the news of the fiscal cliff deal in washington. we'll be right back with top stories, weather and traffic wendy's kron4 news returns in just two minutes. (male announcer) live from the bay area here is your kron 4 news >> thanks for joining us on this cold wednesday morning. president obama just arriving back in hawaii this morning after the house and senate approved a measure that keeps the country from going further down the fiscal cliff. we will have the latest details coming up. >> the bay area is waking up to some very cold temperatures this morning with team coverage all around the bay area. >> wall street, another big story with the doubt soaring because of the fiscal cliff deal in washington. the dow jones industrial average up 245 points right now to 13,349. we were up over 260. the dow in nasdaq all soaring after the news in washington. >> if you're stepping out of the door headed to your destination this morning is cold out there. a freeze warning is in place for the north bay valleys until 9:00. jackie sissel is live on
this is all the news of the fiscal cliff deal in washington. we'll be right back with top stories, weather and traffic wendy's kron4 news returns in just two minutes. (male announcer) live from the bay area here is your kron 4 news >> thanks for joining us on this cold wednesday morning. president obama just arriving back in hawaii this morning after the house and senate approved a measure that keeps the country from going further down the fiscal cliff. we will have the latest details...
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May 14, 2013
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if you look at the last few months in this congress, the fiscal cliff deal, solved, hurricane sandy relief, done. violence against women act passed. those were all things i voted for and worked across the aisle on. so, again, this idea of congress never does anything, actually it does white a bit. but i think this rises to a very serious level. not just because of the deaths. look, this happened on 9/11. we should have anticipated there were going to be difficulties. we clearly didn't -- we have a lot of military assets across the mediterranean and we couldn't get any of them in position to do anything over many, many hours. that suggests to me we weren't appropriately prepared for something that we knew, particularly given the region's, you know, being as inflamed as it is right now, you know, that there was a good chance something might happen. so, again, a lot of questions to answer. i don't think the administration was forthcoming in the initial days after benghazi at all. >> congressman -- >> simply, you know, did not, you know, lay out the facts that they knew in a timely fashion. >>
if you look at the last few months in this congress, the fiscal cliff deal, solved, hurricane sandy relief, done. violence against women act passed. those were all things i voted for and worked across the aisle on. so, again, this idea of congress never does anything, actually it does white a bit. but i think this rises to a very serious level. not just because of the deaths. look, this happened on 9/11. we should have anticipated there were going to be difficulties. we clearly didn't -- we...
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. >> arthel: wasn't the fiscal cliff, wasn't that dealing with monies that you are already spent and allotment to pay those bills? >> yes. so what the debt ceiling is all about. basically congress has not done and congress and president has not done anything. i am not talking about anything. over the next 75 years, 70% of deficit spending is going to come from medicare programs alone, social security and medicare are the biggest part of the debt. the reason they are known as third rail of politics because if you touch them you are committing political suicide. george bush tried it and he was shut down. no lawmakers want to cut into medicare and social security because they would basically get voted out of office. that is what is interesting about this poll basically. you have all these americans and government spending is you on will krof, what we need to do is deal with entitlements, deal with social security and medicare that are going otherwise we're going broke. they say don't cut my social security. don't cut my medicare. that is the issue here. >> arthel: brenda, as a business
. >> arthel: wasn't the fiscal cliff, wasn't that dealing with monies that you are already spent and allotment to pay those bills? >> yes. so what the debt ceiling is all about. basically congress has not done and congress and president has not done anything. i am not talking about anything. over the next 75 years, 70% of deficit spending is going to come from medicare programs alone, social security and medicare are the biggest part of the debt. the reason they are known as third...
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. >> we had a successful fiscal cliff deal that adds another 4 trillion dollars to the debt. every time we have one of these great deals we look at it gets bigger and bigger. and the same tax that the president says we should be paying. the bottom line the president doesn't want the kind of spending cuts it takes to bring the real, real legitimate financial, now, fiscal sanity to this country. and that's the problem. >> he's not using tax at the moment either. some tax -- from my understanding, joe biden was instrumental in getting the tax cuts, extended-- he's got some diplomacy work behind the scenes getting it done and maybe he needs to be doing something in the background. certainly not standing up and saying, i won, you're going to do as i say, you know, and pull faces at people. >> megyn: last word john. >> let's not forget when he came in the the last fiscal year that came over from the bush administration, we had 1.4 trillion dollar deficit that had been a record surplus when bush took place, not blaming bush at all. plenty of blame to go around and recognize where we
. >> we had a successful fiscal cliff deal that adds another 4 trillion dollars to the debt. every time we have one of these great deals we look at it gets bigger and bigger. and the same tax that the president says we should be paying. the bottom line the president doesn't want the kind of spending cuts it takes to bring the real, real legitimate financial, now, fiscal sanity to this country. and that's the problem. >> he's not using tax at the moment either. some tax -- from my...
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cliff deal happened. the problem is there is no trigger at the end of the year, there isn't this congress. i don't know how this happens at the end of this year and suddenly now the white house doesn't see a path. >> fires all around them, no real second-term agenda when they have to deal with all these problems. >> immigration was going to be the one thing they could have pointed to. i think that conversation with john boehner and the president, the president don't have a whole well of trust in boehner saying, you know, hang with me, i can get this done by the end of the summer. boehner still doesn't have the support and you heard what congressman labrador has been saying, they don't have a marco rubio on the house side who can try to work around this and bring it together. >> it was supposed to be paul ryan -- >> and he's gone silent. >> paul ryan has never been brave on the political front. always on policy but never on politics. >> there are republican constituencies out there, the business community
cliff deal happened. the problem is there is no trigger at the end of the year, there isn't this congress. i don't know how this happens at the end of this year and suddenly now the white house doesn't see a path. >> fires all around them, no real second-term agenda when they have to deal with all these problems. >> immigration was going to be the one thing they could have pointed to. i think that conversation with john boehner and the president, the president don't have a whole...
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under the fiscal cliff deal reached at the beginning of this year, the death tax was set at 40% with an exemption per state of -- per estate of $5 million indexed for inflation. this is already an increase from 2011 and 2012, when the death tax rate was 35%. the president's budget, however, would hike that rate further, to 45%, while also diminishing the exemption per estate to $3.5 million. this disregards the bipartisan will of congress. the senate has repeatedly supported a lower death rate and a higher exemption. just three weeks ago, 80 senators, myself included, supported an amendment seeking to repeal or at least reduce the death tax. instead, the president's death tax proposal would result in a $72 billion tax hike. this would be particularly harmful to family farmers and ranchers in my state of nebraska and across our nation. on average, more than 80% of the value of a family-owned farm or ranch is derived from land, buildings, and equipment. following the death of a loved one, families often must sell part or even all of their land or property to pay that death tax bill. ye
under the fiscal cliff deal reached at the beginning of this year, the death tax was set at 40% with an exemption per state of -- per estate of $5 million indexed for inflation. this is already an increase from 2011 and 2012, when the death tax rate was 35%. the president's budget, however, would hike that rate further, to 45%, while also diminishing the exemption per estate to $3.5 million. this disregards the bipartisan will of congress. the senate has repeatedly supported a lower death rate...
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Feb 10, 2013
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the president accepted no spending cuts back in the fiscal cliff deal 45 days ago. so you get all -- no spending cuts back then. then you're going to get no revenue now. >> well, tom, the problem with saying this is the president's idea is that you voted for the budget control act. i voted against it. we wouldn't have ever been talking about the budget control act but for your party refused to negotiate on the debt ceiling something that has been routinely increased as the country needed it. you use that occasion -- >> that is not the case. >> you used that occasion in 2011, august to basically say, we are going to let -- we're going to default on the country's obligation or you'll give us dramatic spending cuts. that's how we got to the budget control ago. let me tell you, the bottom line is this sequester will put a million people out of work, no, 600,000, excuse me, got to get my numbers right, 600,000 people out of work, and this is going to increase unemployment, it's going to increase the deficit because people paying taxes means that we're lowering the defici
the president accepted no spending cuts back in the fiscal cliff deal 45 days ago. so you get all -- no spending cuts back then. then you're going to get no revenue now. >> well, tom, the problem with saying this is the president's idea is that you voted for the budget control act. i voted against it. we wouldn't have ever been talking about the budget control act but for your party refused to negotiate on the debt ceiling something that has been routinely increased as the country needed...
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. >> yeah, because he's counting the revenues from the fiscal cliff deal, $600 billion also savings from the affordable care act, as well, but this is an important week for budget talks. the battle lines really are being drawn here, and we are going to see just how far apart both sides are. i think one of the questions for the white house, and this is why they started the charm offensive last week, start softening the field here is how they're going to respond to the ryan budget. they say that they're going to respectfully point out the differences that they have, but the devil will be in the details of how respectful they're going to be. nobody wants to see a replay of when the president famously gave his budget speech in 2011 and hammered paul ryan sitting in the front row there. and so it'll be a test of whether the civility will continue. >> so, george will, we're going to have everything on the table probably by the end of the week, but my guess is that everyone in both the house and senate will still be hanging back till the summer to wait and see what happens when the sequester st
. >> yeah, because he's counting the revenues from the fiscal cliff deal, $600 billion also savings from the affordable care act, as well, but this is an important week for budget talks. the battle lines really are being drawn here, and we are going to see just how far apart both sides are. i think one of the questions for the white house, and this is why they started the charm offensive last week, start softening the field here is how they're going to respond to the ryan budget. they say...
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>> what was upsetting about the fiscal cliff deal is we got no spending cuts. things were done in the nth hour behind closed doors. i think the american public and certainly congress is frustrated with this deal making and these back room negotiations. this needs to be transparent and open. there needs to be a lively debate. i think on many of these issue, there has been a debate, a national debate regarding our spending that is out of control. we are here in the 13th congress to rein in spending, to do something about this debt that is crippling our children's future and to tackle the big issue, the hard issues like entitlement reform. >> you heard in the equal street journal article who is out with john boehner saying the president apparently told him unequivocally that spend something not a problem in this country. how do you combat it when the president appears not to be budging at all on that? >> we take it to the people. the american people know that we have a spending problem. they know the government needs to be limbed and too intrusive in their lives.
>> what was upsetting about the fiscal cliff deal is we got no spending cuts. things were done in the nth hour behind closed doors. i think the american public and certainly congress is frustrated with this deal making and these back room negotiations. this needs to be transparent and open. there needs to be a lively debate. i think on many of these issue, there has been a debate, a national debate regarding our spending that is out of control. we are here in the 13th congress to rein in...
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cliff deal, closing unspecified tax loopholes, and also counts savings from the president's health care plan, which ryan continues to promise that he wants to repeal. >> it's creative at best and fraudulent at worst. >> it's a hoax. it's totally phony to say, in the same breath, that they've presented a balanced budget and that they are repealing obama care. the math doesn't add up. >> and in an interview with cnbc's larry kudlow, ryan appeared to admit that he is depending on health care reform to achieve his balance. >> the likelihood of getting repeal this year is very, very, very low. does it blow a hole in your ten-year budget? >> sure it blows a hole in your budget. because it calls for continuing the spending. but what is a budget? a budget is our vision for how we should fix this country's fiscal problems. and a key part of that vision is we don't take over, have a government takeover of health care. >> somewhat accidental straight talk there, that the budget is not actually a framework to do anything. it's a vision, it's a political document. the charm offensive of the last wee
cliff deal, closing unspecified tax loopholes, and also counts savings from the president's health care plan, which ryan continues to promise that he wants to repeal. >> it's creative at best and fraudulent at worst. >> it's a hoax. it's totally phony to say, in the same breath, that they've presented a balanced budget and that they are repealing obama care. the math doesn't add up. >> and in an interview with cnbc's larry kudlow, ryan appeared to admit that he is depending on...
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heather: well the fiscal cliff deal may have postponed mandatory budget cuts but they are still looming the defense spending is certainly on the chopping block right now. so a lot of folks are asking this, what will our military look like in president obama's second term? national security correspondent jennifer griffin is live at the pentagon this morning with that. good morning, jennifer. what has chuck hagel indicated he would cut going forward? >> reporter: first of all, heather it may not be up to hagel himself as defense secretary if he gets through the confirmation hearing. it will be up to congress. you still have sequestration, which is the $500 billion of cuts over 10 years that are looming. the deadline for that has been moved to march 1st but what hagel has said in the past and i will quote here, in september 2011, hagel told "the financial times" that the defense department was bloated, adding the pentagon needs to be pared down. i don't think our military really looked at themselves strategically, critically in a long time. clearly he wants to cut but so did secretary fate
heather: well the fiscal cliff deal may have postponed mandatory budget cuts but they are still looming the defense spending is certainly on the chopping block right now. so a lot of folks are asking this, what will our military look like in president obama's second term? national security correspondent jennifer griffin is live at the pentagon this morning with that. good morning, jennifer. what has chuck hagel indicated he would cut going forward? >> reporter: first of all, heather it...
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Oct 9, 2013
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i worked with the president on the fiscal cliff deal, voted for hurricane sandy the relief, violence against women, those were all compromise positions. maybe this time the chemistry will get better when they actually get to the table. but, again, they forced a really big deal in august 2011, and they were both dissatisfied. they both really wanted a bigger deal than they came away ith. i think internal party politics elp precip indicated the shutdown, argued strongly against it, and always like to point out every vote has been either keep the government open or reopen whatever parts i can. but at the end of the day, it's now really a debt ceiling discussion. it's not over obamacare. it's really classic taxes, entitlements, spending reform kind of debate. i think today's op-ed piece by paul ryan in "the wall street journal" really offers one of the best ways out and a good view of what the stakes really are. host: i want to ask you about the op-ed. the chairman argues the president has been silent, has not reached out to congress. is that a view that you share? guest: well, look, i t
i worked with the president on the fiscal cliff deal, voted for hurricane sandy the relief, violence against women, those were all compromise positions. maybe this time the chemistry will get better when they actually get to the table. but, again, they forced a really big deal in august 2011, and they were both dissatisfied. they both really wanted a bigger deal than they came away ith. i think internal party politics elp precip indicated the shutdown, argued strongly against it, and always...